What Kinds of Business & Management Degrees Are Available?

What Kinds of Business & Management Degrees Are Available?

What Kinds of Business & Management Degrees Are Available?

What Kinds of Business & Management Degrees Are Available?

Business and Management majors are some of the most popular academic degrees across all disciplines. Because so many people choose this career path, there are a lot of different options to choose from when you’re selecting a degree program.

Read on to learn about the various types of Business and Management degrees – you’ll see that there’s something for everyone in this diverse field!

Business & Management Associate Degrees

In a Business and Management associate degree program, you will learn the fundamentals of finance, communications, marketing, and more. Associate degree programs typically take two years (or less) to complete, and some schools offer evening and weekend classes for students who work full time.

With an associate degree, you’ll be qualified for a variety of entry-level jobs. This degree may also help you qualify to be promoted to a management position in your current organization.

According to PayScale, one of the most lucrative job titles for workers with this degree is that of executive assistant. With a median annual salary of $52,234, executive assistants can really see their associate degrees pay off!

Business & Management Bachelor’s Degrees

Bachelor’s degrees in Business and Management generally take four years to complete. You’ll find them at colleges and universities, offered both on campus and online.

In this type of degree program, you will master a broad range of Business and Marketing theory and practice, as well as more specialized topics like organizational behavior and business ethics.

The MBA isn’t the only option in Business and Management, though! You could opt to get a master’s degree in fields like public administration, management, health administration, or even international business.

With a master’s in public administration (MPA), for example, you could work as the executive director of a not-for-profit organization. In this career, you’d be responsible for all of the nonprofit’s operations, and you could expect to earn around the median salary of $74,317 per year.

Business & Management Doctoral Degrees

If you decide that you want to get the highest level of education available in Business and Management, you’ll have two options for doctoral degrees.

Depending on your professional goals, you could either enroll in a PhD program, or a doctor of business administration (DBA) degree program. Both types of doctoral degree will typically take about four to five years to complete, and most students who enter these programs already have a master’s degree in a related field.

If you want to become a college professor, conduct research, and publish papers in academic journals, the PhD will probably be the best fit for your goals. On the other hand, if you want to become an expert (or the expert) in your area of business, and excel in senior leadership positions, the DBA was designed with you in mind.

Both types of doctoral programs have great earning potential, but because the DBA prepares you to hold the highest positions in your field, it will tend to lead to bigger paychecks.

For example, chief executive officers (CEOs) with DBA degrees earn a median salary of $163,957 per year – and that’s before bonuses, stock options, or any other forms of compensation.